The 5 Foundations
Which foundation is saving an emergency fund of $500?
Which step is to think about how you want your future to look?
Dream of the Possibilities
What percent of Americans think college debt is good debt?
59%, 83%, 43%, 38%
What is the 3rd Foundation?
Pay cash for your car
What does it mean to explore your options?
Research the best educational route to get there
What percent of high school graduates that went to college to get a degree drop out before graduation?
77%, 24%, 40%, 68%
40%
2nd
Which step is to understand the impact-both good and bad- that an option of a school, work, financial decision, etc. has on your future?
Consider the Cost
What is the average amount of money that people save from going to a four-year public college rather than a four-year private college?
$20,000 less, $13,000 less, $2,000 less, $2,000 more
$20,000 less
What is the 5th foundation?
Build Wealth and give
Why is it important to have the 6th step (Maximize your investment)?
You're investing your time, money, and energy into your choices.
What is the total student loan debt in the US?
1.3 million, 2.5 billion, 1.7 trillion, 8.9 million
$1.7 trillion
Which foundation says to pay cash for your car?
4th
Which step explicitly mentions one of the five foundations?
Reduce your cost (4)
What percentage of people who take out student loans think their debt will eventually be forgiven?
10%, 44%, 76% 27%
44%